Combining Income Statement by Object - Current Year 08
 
    Adjustments & Eliminations  
    Unrestricted Funds Restricted Funds Investment in Plant Combined Total Capital Tuition  
  Expenses Allowance Other Total
  Student Tuition and Fees  $    76,602,736  $                -  $                 -  $ 76,602,736  $               -  $ (21,782,448)  $             -  $  54,820,288
  Federal Grants and Contracts            118,984     27,889,042                    -     28,008,026                   -                     -                 -     28,008,026
  State/Local Grants and Contracts                       -       3,206,824                    -       3,206,824                   -                     -                 -       3,206,824
  Nongovernmental Grants and Contracts                       -     11,201,299                    -     11,201,299                   -                     -                 -     11,201,299
  Indirect Cost Recoveries          9,359,923      (9,359,923)                    -                    -                   -                     -                 -                    -
  Educational Activities          4,508,562         213,948                    -       4,722,510                   -                     -                 -       4,722,510
  Student Resident Fees        17,337,979                    -                    -     17,337,979                   -         (179,751)                 -     17,158,228
  Sales and Services of Dept Activities        10,039,333           95,829                    -     10,135,162                   -                     -                 -     10,135,162
  OPERATING REVENUES      117,967,517     33,247,019                    -   151,214,536                   -     (21,962,199)                 -    129,252,337
  Salaries & Wages - Non-Faculty       (36,764,255)      (6,992,652)                    -    (43,756,907)                   -                     -                 -    (43,756,907)
  Salaries & Wages - Faculty       (30,436,856)      (3,786,369)                    -    (34,223,225)                   -                     -                 -    (34,223,225)
  Salaries & Wages - Graduate Students         (3,433,489)      (3,587,369)                    -      (7,020,858)                   -                     -                 -      (7,020,858)
  Salaries & Wages - Undergrad Students         (3,351,676)      (1,287,358)                    -      (4,639,034)                   -                     -                 -      (4,639,034)
  Fringe Benefits       (31,615,911)      (3,820,801)                    -    (35,436,712)                   -                     -                 -    (35,436,712)
  Supplies and Services       (36,618,194)    (17,554,717)      (1,784,682)    (55,957,593)      7,508,746                     -                 -    (48,448,847)
  Scholarships and Fellowships       (18,176,315)      (9,244,523)                    -    (27,420,838)                   -      21,962,199                 -      (5,458,639)
  Utilities         (8,445,010)          (27,820)                    -      (8,472,830)                   -                     -                 -      (8,472,830)
  Depreciation                       -                    -    (11,504,971)    (11,504,971)                   -                     -                 -    (11,504,971)
  OPERATING EXPENSES     (168,841,706)    (46,301,609)    (13,289,653)  (228,432,968)      7,508,746      21,962,199                 -   (198,962,023)
  Mandatory Transfers In              57,890       4,956,874                    -       5,014,764                   -                     -                 -       5,014,764
  Mandatory Transfers Out         (3,891,315)      (1,123,448)                    -      (5,014,763)                   -                     -                 -      (5,014,763)
  Non Mandatory Transfers In        45,104,740     14,433,018                    -     59,537,758                   -                     -                 -     59,537,758
  Non Mandatory Transfers Out       (46,756,777)    (12,780,517)               (465)    (59,537,759)                   -                     -                 -    (59,537,759)
  TRANSFERS         (5,485,462)       5,485,927               (465)                    -                   -                     -                 -                    -
  State appropriations, Operating                       -       3,229,124                    -       3,229,124                   -                     -                 -       3,229,124
  Gift Income        49,028,200                    -                    -     49,028,200                   -                     -                 -     49,028,200
  Investment Income (loss)          6,546,706       3,327,545                    -       9,874,251                   -                     -                 -       9,874,251
  Interest Expense           (153,658)         133,328                    -          (20,330)                   -                     -                 -           (20,330)
  Capital Appropriations                       -      (2,133,617)            38,067      (2,095,550)                   -                     -                 -      (2,095,550)
  Capital Grants and Gifts                       -                    -                    -                    -                   -                     -                 -                    -
  Loss on Disposal of Capital Assets            112,502         947,455          738,384       1,798,341                   -                     -                 -       1,798,341
  NON-OPERATING REVENUES (EXPENSES)                       -                    -     10,807,130     10,807,130     (7,508,746)                     -                 -       3,298,384
Net increase (decrease) in Net Assets        55,533,750       5,503,835     11,583,581     72,621,166     (7,508,746)                     -                 -     65,112,420
Net Assets, Beginning of Year           (825,901)      (2,064,828)      (1,706,537)      (4,597,266)                   -                     -                 -      (4,597,266)
Net Assets, End of Year  $      7,979,040  $ 27,198,635  $173,909,562  $209,087,237  $               -  $                 -  $             -  $209,087,237